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Guardian Business20.4.2026BusinessUnited Kingdom

Trump administration launches tariff refund system as first step in paying back billions – US politics live

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Trump administration launches online portal on Monday after supreme court struck down tariff policy earlier this yearSign up for the Breaking News US emailHere is a first look at the portal set up to process refunds for businesses who paid billions in Trump tariffs. This is part of the newly created Consolidated Administration and Processing of Entries (CAPE) tool, in order to streamline the refund process.US Customs and Border Protection (CBP) estimates that businesses are owed about $166bn in tariff refunds, after the supreme court invalidated Donald Trump’s levies under the Internation Emergency Economic Powers Act (IEEPA). Continue reading...

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